Category Archives: Startup Entities

The Pros, Cons and (Surprisingly) High Cost of Using Online Legal Forms

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Image courtesy of Stuart Miles / freedigitalphotos.net

Image courtesy of Stuart Miles / freedigitalphotos.net

Startup founders often wonder if they should use online legal documentation services, rather than hiring an attorney. There are many online providers out there, and the temptation to save on legal fees by using this seemingly low-cost alternative can be powerful, especially for founders who may already be “maxing-out” their credit cards to pay startup expenses.

Now, since I am an attorney, you may think that I will, automatically, be opposed to the use of online legal documentation services. On the contrary, however, I have long been Continue reading →

When to Create a Corporation, LLC or Other Entity for Your Startup

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Image courtesy of Stuart Miles / freedigitalphotos.net

Image courtesy of Stuart Miles / freedigitalphotos.net

If you are thinking about launching a startup, or have already done so, you may be grappling with the question of whether, and when, you should create a corporation, LLC or other limited liability entity for your business. Perhaps you are aware that some startup founders begin without creating an entity, and you are now wondering if you should do the same.

Although I understand why founders are sometimes reluctant to spend time and money setting up an entity when they are not even sure if their business will be viable, I Continue reading →